Saudi Arabia launches $50 billion renewable energy plan

Saudi Arabia Lanuches Renewable Energy Plan - Saudi Arabia Flag on hand

Saudi Arabia is investing heavily in renewable energy Saudi Arabia has launched an ambitious renewable energy plan in order to curb domestic consumption of oil and accommodate a growing demand for electricity. The government has introduced a $50 billion plan, which calls for a greater focus on both solar and wind power. Now, energy developers are being asked to bid on some 700 megawatts worth of solar and wind projects, with documents concerning these projects having to be submitted by March 20 of this year. Country aims to diversify energy…

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California seeks to ditch fossil-fuels in favor of renewable energy

Renwable Energry - California wants change

New legislation could require California to hit the 100% renewable energy mark by 2045 California’s lawmakers are looking to fast track the state’s plans to become completely reliant on renewable energy. New legislation has been introduced that, if successful, will require the state to derive no less than 100% of its electricity from renewable sources by 2045. California already has plans to reach the 50% renewable energy mark by 2030, but lawmakers believe that the state can accomplish a more ambitious goal, largely due to its growing clean power market….

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Indiana legislation takes aim at solar energy net metering

Solar Energy - Image of Net Metering Device

Legislation intends to make changes to Indiana’s net metering initiative New legislation in Indiana has generated some controversy among supporters of solar energy. The legislation recently passed through the Indiana Senate Utilities Committee and it aims to put an end to the state’s net metering initiative. Net metering is designed to incentivize the use of solar energy, encouraging more people to make use of this form of clean power. This initiative has been particularly popular among homeowners, many of whom have been looking for ways to make use of solar…

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Wind energy is growing slowly in the south, but that may soon change

Wind Energy - Wind Turbines at Sunset

Wind energy could be gaining more momentum in the south Wind energy has become the largest renewable power sector in the United States, but its adoption has been lagging in southern parts of the country. Several southern states have shown interest in embracing clean power, but wind energy, in particular, has had some trouble finding a foothold in this region. This is partly due to the relatively high cost of wind farms and the fact that turbine technology has only recently begun growing more efficient and appealing to the energy…

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Solar energy reaches new heights in 2016

Solar Energy Reaches New Milestone

The solar energy industry nearly doubled in size last year In 2016, solar energy in the United States grew at an unprecedented rate. A new report from GTM Research and the Solar Energy Industries Association shows that solar installations doubled last year over what they had been in 2015. The report notes that solar energy accounted for 39% of all new energy generation capacity in the United States last year, breaking previous records and establishing solar as the leading form of clean power in the country. The economics of solar…

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Wind energy reaches a new milestone in the central United States

Wind Energy Farm - Renewables

SPP reports that wind energy has accomplished a new goal Wind energy in the United States reached yet another milestone over the past weekend. On Sunday, the Southwest Power Pool (SPP), an organization that manages energy transmission systems in the central United States, became the first entity of its kind to supply 52.1% of its electricity load with wind power. Over the past several months, wind energy has been growing in terms of penetration, supplying more electrical power to the energy grid. The sector continues to achieve new milestones due…

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New flow battery could bring about a brighter future for renewable energy

Flow Battery - Renewable Energy

SEAS researchers have developed a new flow battery Researchers from the Harvard John A. Paulson School of Engineering and Applied Sciences (SEAS) have developed a flow battery that can operate for a decade. The new battery could be a major breakthrough in energy storage and the use of clean power. With an extensive lifespan, the battery could have a major impact on the residential sector, where renewable energy is becoming much more popular. The battery could also be used for other purposes, such as storing electricity for industrial purposes or…

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Wind energy has begun to outpace coal in Europe

Wind Energy - Turbines in Fog

European wind energy space continues to show magnificent growth Wind power has gained significant momentum throughout Europe over the past year. In 2016, energy developers in Europe installed more wind turbines than any other form of power, beating out coal in terms of new installed capacity. Many European countries have begun showing favor for wind energy due to the vast potential it holds. These countries have access to strong wind currents that have, until recently, gone unused for the purpose of generating electrical power. Wind capacity grows by 8% in…

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India achieves major accomplishment with its renewable energy capacity

Renewable Energy - Indian Flag on Country Outline

India surpasses the 50 GW mark in renewable energy capacity India has reached another major milestone in its renewable energy sector. The Ministry of New & Renewable Energy has announced that the country’s operational grid-connected clean power capacity surpassed 50 gigawatts. More than half of this capacity comes from wind power, with solar energy coming in second. Hydropower, bioenergy, and waste-to-energy solutions make up the remainder of the country’s renewable energy capacity. While solar falls significantly behind wind in terms of capacity, India is considered one of the world’s fastest…

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Solar energy industry employs more people than the coal industry in the US

Solar Energy Industry - Jobs

The solar market continues to show major economic potential The solar energy industry in the United States now offers more jobs than the coal industry, according to a recent survey from Solar Foundation. The solar sector has been growing quickly in the country over the past few years, even outpacing fossil-fuels in terms of new energy generation capacity. Despite this, however, solar only accounts for approximately 1% of all electricity produced within the United States, but the sector represents significant economic potential that is impossible to ignore. Survey highlights the…

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Utilities are showing strong support for renewable energy in the US

Renewable Energy - Support

A growing number of major utilities are entering into the renewable energy space More utilities in the United States are beginning to scramble to embrace renewable energy, despite incoming changes to federal energy policy. The Trump Administration is poised to show more support for fossil-fuels, particularly coal and oil. The federal government is expected to ease regulations on the fossil-fuel sector in an effort to promote the expansion of conventional forms of power. Utilities, however, see significant opportunity in renewable energy, especially where solar and wind are involved. Wind and…

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Dong Energy to abandon coal in favor of renewable energy

renewable energy - Coal

Dong will be moving away from coal in the near future Dong Energy, a Danish energy company, has announced that it will be divesting in coal in the near future. The company has begun to focus intensely on renewable energy and has established itself as the largest wind power producer in Europe. In October of last year, Dong announced that it would withdraw from the oil and gas sectors, showing greater favor for clean power. According to CEO Henrik Poulsen, renewable energy is the future and now is the time…

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Massachusetts is making changes to the way it supports solar energy

Solar Energy - Image of Boston, Massachusetts

State aims to launch new program to show support for solar energy projects Massachusetts has begun overhauling its support for solar energy projects. Energy officials announced a new plan this week that aims to cut the annual cost of solar installations for ratepayers. Officials claim that the new support structure will instill more certainty in the energy market, which will allow solar developers to know exactly what level of incentive they will be receiving for their projects. The structure is also meant to foster more stability in the costs that…

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New project aims to use solar energy to produce hydrogen fuel

Hydrogen Fuel - Sunlight on water

Ambitious new project launched in Germany A new project has been launched in Germany which seeks to leverage the power of the sun to generate hydrogen fuel. The PECSYS project is being coordinated by the Competence Center Thin Film and Nanotechnology for Photovoltaics Berlin (PVcomB). The project is meant to address the issues facing solar energy generation. These issues are difficult to overcome, because they have to do with the simple nature of the world. For instance, solar panels cannot produce electricity during the night or when the sun is…

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China could become the global renewable energy leader

Renewable Energy - China

China is set to outpace the US in the renewable energy market China is prepared to take a leading role in the global renewable energy space. In 2016, China made significant progress in its clean power initiatives, increasing foreign investments in the renewable energy space by 60%, reaching a record $32 billion. China introduced a new strategy, dubbed “Going Global,” through which it has demonstrated its regional strength in helping modernize Asia’s infrastructure, preparing the region for new renewable energy systems, particularly those that are focused on solar power. US…

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US could soon pull out of the Paris Agreement

Paris Agreement - Image of Eiffel Tower

Trump Administration may be preparing to distance itself from the Paris Agreement The United States may soon pull out of the Paris Agreement, which it was ratified late last year. The Paris Agreement was originally drafted in 2015 and went into effect on November 4, 2016. The initiative has brought many countries together in an effort to reduce emissions production and embrace renewable energy. President Donald Trump has been an opponent of the Paris Agreement and he is expected to pull away from the endeavor in the near future. Trump…

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